Epsilon Energy Ltd. Reports Production Results for the Second Quarter and Six Months Ended June 30, 2021
August 12, 2021 at 05:11 pm EDT
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Epsilon Energy Ltd. reported production results for the second quarter and six months Ended June 30, 2021. For the quarter, the company reported natural gas volume of 2,548 MMcf against 2,858 MMcf a year ago. Oil and other liquids volume was 3.2 MBO against 4.8 MBO a year ago.
For the six months, the company reported natural gas volume of 5,014 MMcf against 5,585 MMcf a year ago. Oil and other liquids volume was 6.9 MBO against 7.9 MBO a year ago.
Epsilon Energy Ltd. is an onshore focused independent natural gas and oil company. The Company is engaged in the acquisition, development, gathering and production of natural gas and oil reserves. It operates through three segments: Upstream, Gathering System, and Corporate. Upstream activities segment includes acquisition, exploration, development and production of oil and natural gas reserves on properties within the United States. Gathering System segment partner with two other companies to operate a natural gas gathering system. The Company holds leasehold rights to approximately 84,684 gross (15,463 net) acres. It has natural gas production in the Marcellus Shale in Pennsylvania and oil, natural gas liquids and natural gas production in the Permian Basin in Texas and New Mexico and in the Anadarko Basin in Oklahoma. Its subsidiaries include Epsilon Energy USA Inc., Epsilon Midstream, LLC, Altolisa Holdings, LLC, and Dewey Energy Holdings, LLC.
EPSILON ENERGY LTD. 